Data Breach Prevention: Focus of Modern Business Entrepreneurs

Aug 24, 2018 | Digital Threats , Access Management

It has become quite rare today that we are not coming across any news of data breach incident irrespective of small or large organizations. This has forced the new and young entrepreneurs to take adequate preventive measures rather than paying price for negligence. Since digital threats are getting sophisticated day by day, they are always striving hard to protect their valuable data from being compromised.

Data Breach Scenario

The data breach scenario has taken an alarming state because of abundant malicious users in organizations and individual places. Till date, almost 1.3 million breaches have been recorded and these incidents consist more of Government sector and IT industry compared to others. This gives an ominous signal about the data safety in the future. What is more astonishing is that the start-ups and entrepreneurs are also giving utmost importance since the beginning of their ventures.

Small organizations who are continuously working with bigger companies for business requirements are also coming under the radar of cyber crooks. Data breach can happen in multiple ways. Some among them are:

Unmonitored privileged accounts

Poor password management

Zero access control system

No user authentication mechanism

Phishing emails

Soliciting emails from unknown senders

Solution

There needs to be a proper estimation/ calculation of business assets by the owners, CIOs, CTOs, CISOs etc. The probability of attacks is directly proportional to the value of assets and IT security departments now take adequate, prompt and timely action to prevent any unforeseen breach. A robust Privileged Access Management (PAM) can put an end to all the above mentioned worries. This risk-control solution monitors the privileged accounts in real-time and protects the digital assets from unauthorized access and external malefactors. PAM solution not only shields the underlying IT infrastructure and identifies vulnerabilities, but also maintains comprehensive audit trails of the activities related to those privileged accounts. Along with reputed and large organizations, today’s young and vibrant entrepreneurs are aware of the importance of PAM and are not taking chances to protect their IT infrastructure.